There Appears to Be Some Consensus That the Proper Economic

question 70

Multiple Choice

There appears to be some consensus that the proper economic role of government includes all of the following EXCEPT

• A) providing help for those unable to care for themselves.
• B) providing some public goods.
• C) maintaining competition.
• D) discouraging external economies.
• E) maintaining a legal and social framework.

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Definitions:

Annual Growth

The increase in the value of an economy's goods and services over a one-year period, typically expressed as a percentage.

Per Capita GDP Growth

measures the rate of growth in the average economic output per person, indicating the economic progress of a country on an individual level.

Major Industrial Country

A country that is highly developed and has a significant influence on the global economy due to its industrial capabilities.

West Germany

The name for the Federal Republic of Germany during the period between its formation in 1949 and German reunification in 1990.